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Note 5 - Other Assets
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Other Assets Disclosure [Text Block]

NOTE 5 OTHER ASSETS

 

Other assets include the following (dollars in thousands):

 

  

December 31,

 
  

2024

  

2023

 
         

Prepaid rent

 $4,252  $4,366 
Pipeline purchase option  5,000   - 

Deposits and other

  1,080   1,072 
  $10,332  $5,438 

 

Prepaid rent primarily consists of fees incurred to obtain the rights-of-way for the Mojave Groundwater Bank. Amortization of prepaid rent was approximately $115,000 for each of the years ended December 31, 2024 and 2023.